HomeMy WebLinkAbout1993/08/23 - ADMIN - Minutes - City Council - Regular MINUTES
SPECIAL CITY COUNCIL MEETING
ST. LOUIS PARK, MINNESOTA
Monday, August 23, 1993
1 . Call to order
Mayor Hanks called the meeting to order at 7 :30 p.m.
2 . Roll call
The following Councilmembers were present at roll call : Jeff
Jacobs, George Haun, Allen Friedman, Keith Meland, Larry Mitchell
and Lyle Hanks .
Also present were the City Manager (Mr . Meyer) ; City Attorney
(Mr . Tietz) ; Deputy City Attorney (Ms . Pace) ; Director of
Community Development (Mr. Hagen) ; Assistant to the City Manager
(Mr. Larson) .
3 . Approval of agenda
Councilmember Meland added to the agenda Amendment to the
Licensing Ordinance.
It was moved by Councilmember Meland, seconded by Councilmember
Jacobs, to approve the agenda. The motion passed 6-0 .
PUBLIC HEARINGS
4a . Resolution giving preliminary approval for issuance of
revenue bonds for HealthSystem Minnesota for a project in
Shakopee - Resolution 93-132
There being no one wishing to speak, the Mayor closed the hearing
with the right of Council to thereafter reopen and continue it to
a future date .
It was moved by Councilmember Meland, seconded by Councilmember
Mitchell, to adopt Resolution 93-132 entitled "Resolution giving
preliminary approval to a project and its financing under the
Municipal Industrial Development Act ; referring the proposal to
the Minnesota Department of Trade and Economic Development for
approval; and authorizing preparation of necessary documents . "
The motion passed 6-0 .
REPORTS
5a . Resolution authorizing final issuance of bonds for
HealthSystem Minnesota, execution of other documents and other
actions
Bill Telleen, Park Nicollet Medical Center and Steve Martin,
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Methodist Hospital, were present to answer questions .
Mr . Martin again asked for grandfathering of the existing
exemptions as relates to certain aspects of the bond fees.
III It was moved by Councilmember Meland, seconded by Councilmember
Mitchell , to adopt Resolution 93 - 133 entitled "Resolution
authorizing issuance and sale by the City of its health care
facilities revenue bonds (HealthSystem Minnesota obligated
group) , Series 1993 , authorizing execution of an indenture of
trust , a loan agreement , escrow agreements , a tax examption
agreement, a purchase contract, amendments and related documents,
all relating to said bonds and authorizing other action to be
taken with respect to the issuance, sale and delivery of said
bonds. "
The motion failed 5-1 (Councilmember Haun opposed) .
Councilmember Haun asked for an explanation on the findings of
the amount of money that would be grandfathered.
Councilmember Meland withdrew his motion.
Mr. Meyer said his initial reasoning in recommending there not be
a fee waiver is that Council went through a process last year of
setting up the fee system, establishing the means by which fees
would be charged and by which the revenue bonds would be
authorized. Other bond refunding matters are currently being
considered and he did not see any substantial difference between
any of the offerings the City might receive for refunding and
this one . While there was an exemption initially granted on this
one , he believed it was the policy of Council that a fee be
charged on all, which policy was adopted by resolution last year.
Mr. Martin felt a case could be made for both organizations being
non-profit, tax exempt and in the business of providing health
care as well as being grandfathered in the original 1990
offering . He also alluded to cuts in Medicare payments to
hospitals .
Mayor Hanks believed the savings to be realized on refunding at a
lower rate would more than cover the fees .
Councilmember Friedman noted other non-profit groups seek Council
approval for refunding and do not request fee waiver. In order
for all to be treated fairly, all needed to be treated the same .
It was moved by Councilmember Meland, seconded by Councilmember
Mitchell, to adopt the resolution.
The motion passed 6-0 .
OTHER BUSINESS
6a. Amendment to liquor licenses
III
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It was moved by Councilmember Meland, seconded by Councilmember
Friedman to direct staff to prepare an amendment to the licensing
ordinance regarding the spacing of off-sale licenses .
The motion passed 6-0 .
7 . Adjournment It was moved by Councilmember
Jacobs, seconded by Councilmember
Meland, to adjorn the meeting at 7 :50 p.m.
Mayo
elVLI
`'ecording Secretary
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